1998 - Sri Lanka - 200 rupee Polymer note
50th Independence Anniversary

To commemorate the 50th Anniversary of Sri Lanka regaining Independence and a polymer two hundred rupee note was issued on 1998, February, 4th together with three commemorative coins; a five thousand rupee gold coin, a one thousand rupee silver coin, a ten rupee bi-metallic coin.
Predominant Color : Blue  |  Size : 146 x 74 mm Substrate : Guardian®
Serial Prefix : N  |  Replacement Prefix: None
Florescent Fiber :  |  Braille : Embossed
Mintage : 20,559,000 |  Slabs : 350 Folders (Red) : 100,000
Range of Serial # : N/1 000001 - N/22 5xx000
Printer : Note Printing Australia Limited

Front: Landscape Progress during 50 years of Independence

images/1998_N1_000410.jpg&images/1998_N1_128027.jpg
Click to see Red faded to Orange Serials N/1 000410 and N/1 128027
An Artist's impression of Independence Hall in Colombo
From left to right along a panel at lower third of note Bottom right in single line with same font size නිදහස in Sinhala, சுதந்திரம் in Thamil and Independence 1948-1998 in English.
Numeric 200 in Upper right with to it's left value in 3 horizontal lines of same font size. රුපියල් දෙසියයි in Sinhala, இருநூறு ரூபாய் in Thamil and TWO HUNDRED RUPEES in English.
Watermark window to upper left with to it's right Issue's name in 3 tilted vertical lines of decreasing font size. ශ්‍රී ලංකා මහ බැංකුව in Sinhala இலங்கை மத்திய வங்கி in Thamil and CENTRAL BANK OF SRI LANKA in English.
Legality Legend in 3 lines below watermark window on upper left
ශ්‍රී ලංකාණ්ඩුව වෙනුවෙන් නිකුත් කරන ලද මේ
මුදල් නෝට්ටුව ශ්‍රී ලංකාව ඇතුළත ඕනෑම මුදල් ගණනක්
ගෙවිම සඳහා නිතියෙන් වලංගුය
Below facsimile signature of C. B. Kumaratunga with මුදල් ඈමති(Finance Minister) to left. and මහ බැංකුවේ අධිපති(Central Bank Governor) with signature of A. S. Jayawardena to right.
Date 1998-02-04 below.
Size of digits in serial number increase in size. Black Serial number Horizontal at lower left and vertical on lower right.

Back: Landscape The National Heritage

1998_Rs200_back
An Artist's impression of Sri Dalada Maligawa(Temple of the Tooth Relic & Octogon) in Kandy
From left to right along a panel at lower third of note Numeric 200 in Upper left. Watermark window to upper right. Below in 3 horizontal lines of same font size. රුපියල් දෙසියයි in Sinhala, இருநூறு ரூபாய் in Thamil and TWO HUNDRED RUPEES in English.
To it's left Issue's name in 3 tilted vertical lines of decreasing font size, ශ්‍රී ලංකා මහ බැංකුව in Sinhala இலங்கை மத்திய வங்கி in Thamil and CENTRAL BANK OF SRI LANKA in English.
Watermark : In transparent window in the shape of a lotus viewed from side: Standing Lion from National Flag, facing left, front right paw raised with vertical sword. Security :Just below the 200 on the upper right a much smaller 200 with the Flag lion with sword on top of the 00. See also design features printed on the white substrate of note
images/1998_ind50_200r_lie.jpg Latent image: At the upper right of front, below numeric 200, the Numeric value 200 with the Flag Lion on the Zeros. Advanced Latent image not clearly visible in 1200 dpi scan. Click to see it highlighted by image processing. You can also see Latent image with a bright light illuminating the note from the back.

1998_Rs200_souvenir_card
Unlike other currency notes of Sri Lanka which are produced on special paper, this Rs 200 note to commemorate the regaining of independence by Sri Lanka 50 years ago, is produced for the first time in polymer. It was the 9th country to issue an NPA based polymer note.

The note is legal tender in Sri Lanka. As a commemorative issue, only a limited number of notes will be issued.

The artwork of the note has been done by Mr Ananda Somathilake and Mr Gamini Mendis under the direction of Mr Albert Dharmasiri attached to the Institute of Aesthetic Studies, University of Kelaniya.

Security Features of the Note

The Rupees 200/- Polymer Currency note was produced by note printing Australia. It was formed in 1996, as a joint venture between the Reserve Bank of Australia (RBA), and Innovia Films. Their roots are CSIRO which was formed in 1926 as an Australian government for Scientific and Industrial Research Organization. CSIRO played a major role in the creation of polymer banknotes, a revolution in the world of banknotes that started in 1968, when the Reserve Bank of Australia (RBA) requested a scientific solution to the problem of forgery. CSIRO, RBA and the University of Melbourne joined their knowledge, and in 1988 the first legal tender polymer note - the $10 aborginal Note of Australia.
In 2013 Innovia acquired RBA's 50% and in 2017 merged with Banknote Corporation of America and rebranded as CCL Secure who now produces Guardian® substrate.

A triple fold souvenir card with the note encased in a removable mount was issued. The serial number of these notes are printed in red unlike black used in the notes in general circulation. The issue price of the souvenir card was Rs 400/- (US $6.25).

It was also sold in a slab of acrylic with a issue price of Rs 650/- (US $10). As 350 slabs were made, the Serail N/1 000410 must be a very early red serial in note form.

Documents from CBSL state 100000 Notes with Red serial numbers in Folders, and rest of 20 Million notes into circultion with Black serial numbers. But they also give a total supplied of 20559K and a final serial prefix of N/22. Serial Number N/1 000137 is as seen on my slab and also N/1 000410, N/1 008888, and N/1 060810, N/1 128027 in my folders now 25 years later, appear Orange which probably implies that maybe the Red fades to Orange. The Orange serial N/1 128027 indicating that more than 100,000 were printed not in Black. I also have Red serial Number N/1 108020 probably takem out of folder which has not faded.

There were no Replacement Notes. New Uncirculated Bundles from CBSL had missing serial numbers. May explain why the last serial prefix is given as N/22 while the number minted is given by CBSL as 20,559,000. However the last Serial number being almost 10% more than the number of polymer notes printed is like the damage rate with the introduction of SNIM.
In Spink Auction 19023 166 a N/21 bundle of 100 was sold. The difference between Last and First was 112 banknotes.

I have N/22 549445 and seen online N/22 558655. If you have a higher number please send me image. (Maximum Needs to be found). kavanr @ gmail.com

20 years later In 2018 Folders were still being sold from CBSL Museum for Rs800 (US$5.30). The slab which I can remember refusing to buy from CBSL a few years after issue, I was lucky to win at a SLNS meeting Auction from Fred Medis. I was surprised to hear in 2020 that it has become a rare collectible selling for more than US$200 in local Numismatic Market.
The note was scanned at 100 dpi and the images are displayed at 100 dpi. The uncirculated note was obtained from the Central Bank of Sri Lanka.
The text on this page is edited from the commemorative souvenir card which has the full description in all three languages Sinhala, Thamil and English.

The Unity and Peace did not however arrive as hoped before the 50th Anniversary, and the Sri Dalada Maligawa in Kandy illustrated on the reverse was bombed by the LTTE terrorists a week before the celebrations. The civil War only ended in 2009 May, for which the second commemorative note was issued.

A Fake "error" note appeared for sale on eBay Auction in 2020 and is discussed and illustrated.

See also Media Report CDN 1998 02 06

For collected details of the images on this Banknote see NotesCollector.